Aisc Education Foundation
EIN: 510243833 · Chicago, IL · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $490K |
| Net Assets | $4.8M |
Is Aisc Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aisc Education Foundation
Aisc Education Foundation (EIN: 510243833) is a nonprofit organization based in Chicago, IL, classified under NTEE code B82. The organization reported total revenue of $1.6M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aisc Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aisc Education Foundation is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $581K |
| Total Expenses | $490K |
| Surplus / Deficit | +$90K |
| Total Assets | $5.0M |
| Total Liabilities | $286K |
| Net Assets | $4.8M |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 123.4 months |
Financial Health Grade: A
In 2023, Aisc Education Foundation reported a surplus of $90K with revenue exceeding expenses, holds 123.4 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aisc Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.3% | +47.8% | +16.9% |
| 2022 | +268.3% | +10.4% | +19.1% |
| 2021 | -30.5% | -4.1% | +9.3% |
| 2020 | +19.4% | +0.1% | +17.4% |
| 2019 | -59.3% | +42.8% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aisc Education Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aisc Education Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Frequently Asked Questions about Aisc Education Foundation
Is Aisc Education Foundation a legitimate charity?
Aisc Education Foundation (EIN: 510243833) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does Aisc Education Foundation spend its money?
Aisc Education Foundation reported $1.6M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aisc Education Foundation tax-deductible?
Aisc Education Foundation is registered as a tax-exempt nonprofit (EIN: 510243833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aisc Education Foundation located?
Aisc Education Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 510243833. It is classified under NTEE code B82.
How many years of IRS 990 filings does Aisc Education Foundation have?
Aisc Education Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Aisc Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aisc Education Foundation's revenue has grown by 260.4%, moving from $161K to $581K. Total assets increased by 344.1% over the same period, from $1.1M to $5.0M. Total functional expenses rose by 84.6%, from $266K to $490K. In its most recent filing year (2023), Aisc Education Foundation reported a surplus of $90K, with revenue exceeding expenses. The organization holds $286K in liabilities against $5.0M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $581K | $490K | $5.0M | $286K | — | — |
| 2022 | $1.4M | $332K | $4.3M | $135K | — | View 990 |
| 2021 | $378K | $301K | $3.6M | $0 | — | View 990 |
| 2020 | $544K | $313K | $3.3M | $0 | — | — |
| 2019 | $455K | $313K | $2.8M | $0 | — | View 990 |
| 2018 | $1.1M | $219K | $2.4M | $68K | — | View 990 |
| 2017 | $463K | $214K | $1.5M | $24K | — | — |
| 2016 | $272K | $220K | $1.3M | $7K | — | View 990 |
| 2015 | $240K | $218K | $1.3M | $83K | — | View 990 |
| 2014 | $188K | $177K | $1.2M | $42K | — | View 990 |
| 2013 | $240K | $271K | $1.2M | $26K | — | View 990 |
| 2012 | $259K | $296K | $1.1M | $18K | — | View 990 |
| 2011 | $161K | $266K | $1.1M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $581K, expenses of $490K, and assets of $5.0M (revenue -58.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $332K, and assets of $4.3M (revenue +268.3% year-over-year).
- 2021: Revenue of $378K, expenses of $301K, and assets of $3.6M (revenue -30.5% year-over-year).
- 2020: Revenue of $544K, expenses of $313K, and assets of $3.3M (revenue +19.4% year-over-year).
- 2019: Revenue of $455K, expenses of $313K, and assets of $2.8M (revenue -59.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $219K, and assets of $2.4M (revenue +141.8% year-over-year).
- 2017: Revenue of $463K, expenses of $214K, and assets of $1.5M (revenue +70.3% year-over-year).
- 2016: Revenue of $272K, expenses of $220K, and assets of $1.3M (revenue +13.5% year-over-year).
- 2015: Revenue of $240K, expenses of $218K, and assets of $1.3M (revenue +27.5% year-over-year).
- 2014: Revenue of $188K, expenses of $177K, and assets of $1.2M (revenue -21.6% year-over-year).
- 2013: Revenue of $240K, expenses of $271K, and assets of $1.2M (revenue -7.3% year-over-year).
- 2012: Revenue of $259K, expenses of $296K, and assets of $1.1M (revenue +60.5% year-over-year).
- 2011: Revenue of $161K, expenses of $266K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aisc Education Foundation:
Data Sources and Methodology
This transparency report for Aisc Education Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.